CUBE (CubeSmart) Dividend Payout Ratio: 1.47 (As of Mar. 2026) — Near Median

What is CubeSmart Dividend Payout Ratio?

CubeSmart CUBE +1.53% 88 Dividend Payout Ratio is 1.47 as of Mar. 2026, which is 2% above its 10-year median of 1.44. GuruFocus rates CUBE with a GF Score™ of 88/100 and a GF Value™ of $44.36 (Fairly Valued). The stock has 5 warning signs investors should review. Among 716 REITs companies, CubeSmart ranks worse than 74.16% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. CubeSmart's Dividend Payout Ratio for the months ended in Mar. 2026 was 1.47.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of CubeSmart is 1.48, which seems too high.

The historical rank and industry rank for CubeSmart's Dividend Payout Ratio or its related term are showing as below:

CUBE' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 1.09 Med: 1.44 Max: 1.91
Current: 1.48

During the past 13 years, the highest Dividend Payout Ratio of CubeSmart was 1.91. The lowest was 1.09. And the median was 1.44.

CUBE's Dividend Payout Ratio is ranked worse than
74.16% of 716 companies
in the REITs industry
Industry Median: 0.99 vs CUBE: 1.48

As of today (2026-06-29), the Dividend Yield % of CubeSmart is 5.09%.

During the past 13 years, the highest Trailing Annual Dividend Yield of CubeSmart was 6.04%. The lowest was 2.44%. And the median was 4.03%.

CubeSmart's Dividends per Share for the months ended in Mar. 2026 was $0.53.

During the past 12 months, CubeSmart's average Dividends Per Share Growth Rate was 1.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 10.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of CubeSmart was 73.50% per year. The lowest was -55.80% per year. And the median was 12.70% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

CubeSmart (NYSE:CUBE) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

CubeSmart Dividend Payout Ratio Related Terms

CubeSmart Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for CubeSmart's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CubeSmart Dividend Payout Ratio Chart

CubeSmart Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Dividend Payout Ratio

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1.39

1.38

1.09

1.19

1.42

CubeSmart Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Dividend Payout Ratio	Get a 7-Day Free Trial															1.33	1.44	1.44	1.56	1.47

CUBE vs LINE, FR, REXR: Dividend Payout Ratio Comparison

For the REIT - Industrial subindustry, CubeSmart's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

CubeSmart Dividend Payout Ratio vs REITs Industry

For the REITs industry and Real Estate sector, CubeSmart's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where CubeSmart's Dividend Payout Ratio falls into.

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CubeSmart Dividend Payout Ratio Calculation

CubeSmart's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2025 )	/	EPS without NRI (A: Dec. 2025 )
	=	2.09	/	1.473
	=	1.42

CubeSmart's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2026 )	/	EPS without NRI (Q: Mar. 2026 )
	=	0.53	/	0.36
	=	1.47

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 1.47 mean?

CubeSmart (CUBE) has a Dividend Payout Ratio of 1.47 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on CubeSmart and its competitors. This is near median its historical median of 1.44. Over the past decade, CubeSmart's Dividend Payout Ratio has ranged from 1.09 to 1.91. According to the industry distribution chart, CubeSmart ranks #531 out of 716 companies in the REITs industry, placing it in the top 74.2%.

Is CubeSmart's Dividend Payout Ratio too high?

CubeSmart's current Dividend Payout Ratio of 1.47 is near median its 10-year median of 1.44. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 1.91. The REITs industry median Dividend Payout Ratio is 0.99. CubeSmart's value of 1.47 is 48.5% above this industry median. Based on the distribution chart, CubeSmart ranks #531 out of 716 companies in the REITs industry, which is below the industry midpoint. Overall, CubeSmart has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does CubeSmart's Dividend Payout Ratio compare to LINE and FR?

According to the REITs industry distribution chart, CubeSmart ranks #531 out of 716 companies for Dividend Payout Ratio. This places CubeSmart in the lower half of its industry. The industry median Dividend Payout Ratio is 0.99. CubeSmart's value of 1.47 is 48.5% above this benchmark. Historically, CubeSmart's own Dividend Payout Ratio has ranged from 1.09 to 1.91 over the past decade. While the company's 10-year median is 1.44 vs. the industry median of 0.99, CubeSmart has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Dividend Payout Ratio for a REITs company?

The median Dividend Payout Ratio among REITs companies is 0.99, based on 716 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CubeSmart's current Dividend Payout Ratio of 1.47 is 48.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Dividend Payout Ratio mean?

A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on CubeSmart and its competitors. For the REITs industry, the median Dividend Payout Ratio is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CubeSmart's current Dividend Payout Ratio is 1.47, which is near median its own 10-year median of 1.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is CubeSmart stock overvalued right now?

Based on GuruFocus' analysis, CubeSmart (CUBE) is currently considered Fairly Valued. The stock's GF Value™ is $44.36, compared to a current price of $41.27 — trading 7% below its estimated fair value. The current Dividend Payout Ratio is 1.47, which is near median its 10-year median of 1.44 and 48.5% above the REITs industry median of 0.99. CubeSmart's overall GF Score™ is 88/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Dividend Payout Ratio calculated?

Dividend Payout Ratio is calculated from a company's financial statements. For CubeSmart (CUBE), the current Dividend Payout Ratio is 1.47 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CubeSmart (CUBE) Overvalued in 2026?

Based on GuruFocus' analysis, CubeSmart stock appears to be undervalued. The current stock price of $41.27 is trading 7% below its estimated GF Value™ of $44.36. GuruFocus considers CubeSmart to be Fairly Valued.

Key valuation signals for CUBE:

Dividend Payout Ratio: 1.47 (near median its 10-year median of 1.44)
GF Value™: $44.36 vs. price of $41.27 (7% below fair value)
GF Score™: 88/100 with 5 warning signs
Industry Position: 48.5% above the REITs median (#531 of 716)

No single metric tells the full story. See the CUBE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

CubeSmart Business Description

Industry Real Estate REITs

Comparable Companies LINE FR REXR EGP STAG TRNO COLD NSA LXP SMA PLD PSA EXR LSE:SGRO SGX:A17U MEX:FIBRAPL14 XBRU:WDP LSE:LMP LSE:BBOX SGX:M44U

Other Exchanges UK8:Germany

Address 5 Old Lancaster Road, Malvern, PA, USA, 19355

Website https://www.cubesmart.com

CubeSmart is a real estate investment trust that acquires, owns, and manages self-storage facilities throughout the United States. The company's real estate portfolio is composed of buildings with numerous enclosed storage areas for both residential and commercial customers to rent mainly on a month-by-month basis. Majority of CubeSmart's facilities are located in Florida, Texas, California, New York, and Illinois. Cumulatively, these states account for both the majority of the square footage in the company's real estate portfolio and the majority of its revenue. The company derives nearly all of its revenue from rental income from tenants utilizing its storage facilities.

88GF Score

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$41.27

Price

$44.36

GF Value

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